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WestPoint Lynch Wood 181,711 SF 73% Leased 4-Star Office Building Peterborough PE2 6WZ $46,063,298 CAD ($253.50 CAD/SF) 10.93% Cap Rate

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INVESTMENT HIGHLIGHTS

  • On site gym with shower and changing facilities
  • Numerous ESG initiatives
  • 79 secure & covered Bike racks
  • Excellent Car parking ratio
  • Feature lake with large outdoor terrace

EXECUTIVE SUMMARY

Offers for WestPoint sought in excess of £25,000,000 (assuming purchaser’s costs of 6.80%) subject to contract and exclusive of VAT.
Westpoint provides the best Grade A office building in the Peterborough sub-market, with excellent on-site amenity, future proofing the building’s attractiveness to occupiers.
The property is let to 14 high-quality tenants with strong interest in remaining vacant suite. Moreover, 35% of the income benefits from RPI linked rent reviews over the next 5 years, providing guaranteed rental performance, and reflecting strong market interest for the property.
The property is the former home of travel group Thomas Cook. Atlantic Leaf completed a refurbishment of the out-of-town office after Thomas Cook ceased operations before securing a host of new tenants.
Given Westpoint’s quality & the market’s lack of alternatives, investors can have confidence that the below asset management initiatives will provide increased value to investors.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
181,711 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1989/2016
Price
$46,063,298 CAD
Price Per SF
$253.50 CAD
Cap Rate
10.93%
NOI
$5,034,718 CAD
Percent Leased
73%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
63,392 SF
Building FAR
0.19
Lot Size
22.40 AC
Parking
800 Spaces (4.5 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Concierge
  • Fenced Lot
  • Fitness Center
  • Food Court
  • Security System
  • Signage
  • Waterfront
  • Reception
  • Storage Space
  • Car Charging Station
  • Outdoor Seating
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste 15
  • 6,921 SF
  • Office
  • Partial Build-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Ground-Ste 15B
  • 5,414 SF
  • Office
  • Partial Build-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Ground-Ste 2A
  • 7,050 SF
  • Office
  • Partial Build-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Ground-Ste 2B
  • 6,124 SF
  • Office
  • Shell Space
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • 1st Fl-Ste 8
  • 12,445 SF
  • Office
  • Partial Build-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • 2nd Fl-Ste 18
  • 11,926 SF
  • Office
  • Partial Build-Out
  • Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Space Size Space Use Condition Available
Ground-Ste 15 6,921 SF Office Partial Build-Out Now
Ground-Ste 15B 5,414 SF Office Partial Build-Out Now
Ground-Ste 2A 7,050 SF Office Partial Build-Out Now
Ground-Ste 2B 6,124 SF Office Shell Space Now
1st Fl-Ste 8 12,445 SF Office Partial Build-Out Now
2nd Fl-Ste 18 11,926 SF Office Partial Build-Out Now

Ground-Ste 15

Size
6,921 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground-Ste 15B

Size
5,414 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground-Ste 2A

Size
7,050 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground-Ste 2B

Size
6,124 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 8

Size
12,445 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 18

Size
11,926 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Ground-Ste 15

Size 6,921 SF
Space Use Office
Condition Partial Build-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Ground-Ste 15B

Size 5,414 SF
Space Use Office
Condition Partial Build-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Ground-Ste 2A

Size 7,050 SF
Space Use Office
Condition Partial Build-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

Ground-Ste 2B

Size 6,124 SF
Space Use Office
Condition Shell Space
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

1st Fl-Ste 8

Size 12,445 SF
Space Use Office
Condition Partial Build-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

2nd Fl-Ste 18

Size 11,926 SF
Space Use Office
Condition Partial Build-Out
Available Now

Westpoint provides the opportunity to acquire recently refurbished Grade A office space in a large headquarters building benefitting from an onsite cafe and fitness facility situated within 22.4 acres of mature, landscaped grounds.

  • Listing ID: 36272118

  • Date on Market: 2025-06-16

  • Last Updated:

  • Address: Lynch Wood, Peterborough PE2 6WZ

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